RE:RE:Vet..stockmarket1 wrote
\This original thread below of mine had 77 reads but not 1 response. I find that interesting. I guess not all here are well versed with VET as I'd imagined. I had hoped that at least 1 or maybe 2 would have had some sort of idea. Or maybe someone would have had a similar question sent. I didn't really find the response from I.R very informative. Maybe I send another email and word it differently.
stockmarket1 wrote: Does anyone here know If Vermillion benefits from all of these cars and Planes out in force?
IR responded saying that it was difficult determining how much VET benefits from Car/plane fuel because they basically market their products ?? Didn't really understand it. But from what gather....VET isn't involved with that.
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Cars and planes use a lot of Oil which is what VET produces. VET produces crude oil which is sold to refiners who produce jet fuel, gasoline, diesel and many other products. So if their is more demand for these fuels it increases the demand for crude Oil and if there is not enough supply to meet it oil prices would rise which would benefit VET and all oil companies.
If you have a hard time understanding the basics of supply and demand you likely should not be investing in oil stocks or anything else.